Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.
Subsidiary Borrowers as defined in the preamble hereto.
Subsidiary Borrowers means Foreign Subsidiary Borrowers and Domestic Subsidiary Borrowers.
Examples of Subsidiary Borrowers in a sentence
Notwithstanding that any such assumed letter of credit, guarantee or surety is in support of any obligations of, or is for the account of, a Restricted Subsidiary or a Joint Venture, the U.S. Borrower and the Foreign Subsidiary Borrowers agree that the applicable Borrower (as identified in the Utilization Request referenced above) shall be obligated to reimburse the applicable FCI Issuing Lender hereunder for any and all drawings under such letter of credit, guarantee or surety.
As of the Effective Date, there are no Foreign Subsidiary Borrowers with respect to the Revolving Facility.
More Definitions of Subsidiary Borrowers
Subsidiary Borrowers means, effective upon the designation thereof pursuant to any Additional Subsidiary Borrower Designation Letter, each Additional Subsidiary Borrower.
Subsidiary Borrowers shall have the meaning assigned to such term in the Recitals of this Agreement.
Subsidiary Borrowers shall have the meaning given to such terms in the preamble of this Credit Agreement.
Subsidiary Borrowers is defined in the preamble.
Subsidiary Borrowers each Domestic Subsidiary that is a Wholly-Owned Subsidiary and a Restricted Subsidiary that becomes a Borrower after 5 days written notice to the Administrative Agent pursuant to a Subsidiary Borrower Joinder, together with their respective successors and assigns.
Subsidiary Borrowers has the meaning set forth in the introductory paragraph.
Subsidiary Borrowers means all of the foregoing.